Polaris (NYSE:PII) Posts Earnings Results, Beats Estimates By $0.55 EPS

Polaris (NYSE:PII) issued its quarterly earnings data on Monday. The company reported $0.13 EPS for the quarter, beating the consensus estimate of ($0.42) by $0.55, Briefing.com reports. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.During the same quarter last year, the firm posted ($0.90) earnings per share. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. Polaris updated its FY 2026 guidance to 1.600-1.700 EPS.

Polaris Stock Performance

Shares of PII stock traded up $1.07 during mid-day trading on Monday, reaching $61.11. The stock had a trading volume of 2,497,030 shares, compared to its average volume of 1,211,059. Polaris has a 1-year low of $31.56 and a 1-year high of $75.25. The firm has a market cap of $3.46 billion, a price-to-earnings ratio of -7.47 and a beta of 1.17. The company has a current ratio of 0.98, a quick ratio of 0.35 and a debt-to-equity ratio of 1.81. The business’s fifty day moving average is $56.90 and its 200-day moving average is $63.33.

Polaris Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a $0.68 dividend. This is a boost from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, March 2nd. Polaris’s dividend payout ratio is currently -33.25%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Royal Bank Of Canada decreased their price target on Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 27th. Morgan Stanley dropped their price target on Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 17th. Seaport Research Partners raised shares of Polaris to a “strong-buy” rating in a research report on Thursday, January 8th. Zacks Research upgraded shares of Polaris from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Finally, Wells Fargo & Company assumed coverage on shares of Polaris in a research report on Wednesday, March 11th. They set an “equal weight” rating and a $52.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $63.11.

Insider Buying and Selling

In related news, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total value of $674,213.80. Following the transaction, the insider owned 30,242 shares in the company, valued at approximately $2,020,770.44. This represents a 25.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael T. Speetzen sold 35,086 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total transaction of $2,344,797.38. Following the transaction, the chief executive officer directly owned 136,362 shares of the company’s stock, valued at $9,113,072.46. This represents a 20.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 50,419 shares of company stock valued at $3,371,183 over the last quarter. 2.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PII. Invesco Ltd. increased its holdings in shares of Polaris by 79.2% during the 4th quarter. Invesco Ltd. now owns 1,065,910 shares of the company’s stock valued at $67,419,000 after purchasing an additional 471,106 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Polaris by 179.5% in the fourth quarter. Corient Private Wealth LLC now owns 32,920 shares of the company’s stock worth $2,082,000 after acquiring an additional 21,142 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Polaris by 28.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,650 shares of the company’s stock worth $800,000 after acquiring an additional 2,799 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Polaris during the 4th quarter valued at about $81,447,000. Finally, Empowered Funds LLC grew its position in shares of Polaris by 4.7% during the 4th quarter. Empowered Funds LLC now owns 7,615 shares of the company’s stock valued at $482,000 after acquiring an additional 343 shares during the period. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Company Profile

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.